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Alright, everybody. Welcome back to the number one podcast in the world. See you all in podcast. David Sachs couldn't make it this week, but we have the trio. David Freiberg is here, your sultan of science, Jamat Pali Hopatia. SpaceX filed confidentially to go public on April 1 targeting a 1,750,000,000,000.00 with the t valuation. When SpaceX goes public, if it's at that $1,750,000,000,000 valuation, so weird to say trillion dollar valuation for an IPO, they would be the eighth largest company in the world right behind TSMC and Saudi Aramco. They're both worth 1.7 x at the taping of this podc
Okay. Sorry. Let me let me be clear. 99.999%.
Okay.
What will that mean when the if those two companies or when those two companies merge?
One of the great things that happened in my career was there was a point where you know how, like, you grind at a level and then, you just get exposed to things at a different level? And then you grind for years and you get exposed to things at yet another level. In one of those steps, I was very fortunate to be introduced by Thomas LaFonte, actually, to the head of Wachtell Lipton.
This is a law firm.
Law firm. And his name is Ed Hurleyhy. And he said, this is the most important, well known, well run, powerful law firm in America. Then I looked at the transactions, and they're just in the middle of everything. And now, you know, my lawyer, Raj Narayan, who does everything for me, one of the senior partners that walked out, I can attest are incredible. And they said to me in the middle of all of this stuff when I was doing a bunch of deals, they said, Shmaz, just get ready to pay a tax. And I said, what does that mean? They said, the way that the American capital markets are set up is both t
Was a shakedown. Call it
what is.
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